Peanut Butter and Jelly

With the market up so smartly from its low, one has to wonder if it’s getting too easy. I have no answer, but I definitely have the question. To wit:

David: ‘This is almost too spooky to be true, but I manually checked the data points and it’s correct. The chart shows a day-count overlay of the bear-market rally in the Standard & Poor’s Index from the 1929 crash low (Nov 13, 1929) to the bear market rally top (Apr 9, 1930) vs. the current rally. The 1929-30 rally lasted 147 days and was 46%. The rally off the March 6th low this year has been 145 days and is 46%.Here‘s the chart.’

A Montanan who drives 40 miles to work might not have the option to take public transportation. But he or she can probably pull off a veggie stew. A cash-strapped family might not be able buy a new [energy efficient] dishwasher. But it might be able to replace meatballs with mac-and-cheese. That is the whole point behind the cheery PB&J Campaign, which reminds that ‘you can fight global warming by having a PB&J for lunch.’ Given that PB&J is delicious, it’s not the world’s most onerous commitment.

. . . It’s also worth saying that this is not a call for asceticism. It’s not a value judgment on anyone’s choices. Going vegetarian might not be as effective as going vegan, but it’s better than eating meat, and eating meat less is better than eating meat more. It would be a whole lot better for the planet if everyone eliminated one meat meal a week than if a small core of die-hards developed perfectly virtuous diets.

Quote of the Day

It was only 80 years from the time Darwin published ON THE ORIGIN OF SPECIES until we detonated the first nuclear bomb. In the lifetime of one person, we went from figuring out where we came from to figuring out how to get rid of ourselves.

~Paleontologist Jack Horner

Search

Request email delivery

Email Address*

First Name

Last Name

* = required field

Advice

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times